The Global High-Integrity Pressure Protection System market is USD
323.57 Million in 2018 and is estimated to reach USD 527.8 Million by
2025, at a CAGR of 7.24% during the forecast period. The growth of the
global pipeline transportation is a main growth driver for this market.

Advances in seaward advances have lessened unit costs and made profound
water extends more practical in the worldwide situation. The
establishment of seaward pipelines in these tasks will fuel the pipeline
business around the world, which will drive the interest for more HIPPS
in the oil and gas industry.

Amid 2015, EMEA ruled the market, representing over 40% of the share
market. The HIPPS showcase in EMEA is encountering popularity from the
Middle East because of its developing oil and gas industry. With 28%
offer of the worldwide oil generation, the Middle East has turned into
the significant exporter of oil. The utilization of oil in the locale is
expanding because of a developing populace and prospering working class.

The need to agree to stringent government and natural directions
worldwide is relied upon to additionally help showcase development
throughout the following four years. Various nations have forced
stringent directions and upheld approaches on oil and gas investigation,
including adherence to best manufacturing practices, to guarantee
representative security and shield nature.

Permian efficiency wins help boost EERC EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose sharply in November, extending the increase seen last month. The EERC is now at 2,907, an increase of 95 compared to the October count. While the[Read More…]